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Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

Binance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn’t “plausibly alleged” various securities-related violations.

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Author: Nikhilesh De

Vote if You Want, but Remember ‘Cypherpunks Write Code’

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Author: Daniel Kuhn

Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial

An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial.

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Author: Nick Baker, Nikhilesh De

Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists

It wasn’t only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project’s treasury.

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Author: Danny Nelson

Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms

BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined.

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Author: Krisztian Sandor

Judge Blocks Sam Bankman-Fried’s Proposed Witnesses From Testifying

Judge Lewis Kaplan, who’s overseeing Sam Bankman-Fried’s trial, granted the U.S. Department of Justice’s motion to block all of the FTX founder’s proposed witnesses from testifying at his trial next month.

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Author: Nikhilesh De

NFTs Aren’t Dead Just Yet (But the MSM Might Be)

The success of a recent post from Rolling Stone calling NFTs worthless struck a nerve. But the reality is more complicated and more hopeful.

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Author: Ben Schiller

‘You Can Do Nothing’: Crypto Trading Titans Are Yelling at Each Other on Elon Musk’s X

“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”

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Author: Nick Baker

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House of Representatives.

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Author: Jesse Hamilton

Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack

Celo, which is ditching its standalone blockchain in favor of a new “layer-2” network atop Ethereum, had originally signaled plans to rely on Optimism’s OP Stack, a similar customizable kit to Polygon’s but using Optimism’s “optimistic” technology.

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Author: Margaux Nijkerk


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